Word: lent
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Occasional Winks. Chase took the boycott in stride-and so have most of the firms that have been banned from the 40 million-customer Arab market. The 40 firms owned by British Tycoon Charles Clore were barred last year when Clore and Sir Isaac Wolfson lent Jerusalem $2,000,000 to build a new town hall, and the U.S.'s Witco Chemical was blacklisted after it bought a chemical firm that had an executive who owned a piece of an Israeli oil company. The Arabs offer reinstatement to firms that stop their dealings with Israel, but the Israelis have...
Revolt of the Sausages. Luther's Reformation began with a protest against the sale of indulgences. The Swiss revolt broke into the open over two sausages: Zwingli attacked the "unscriptural" practice of fasting after some reform-minded friends were denounced to the Zurich magistrates for eating meat during Lent. Later, Zwingli preached against other Roman disciplines-celibacy, the doctrine of purgatory, invocation of saints-on grounds that they are not authorized by the Bible. In 1524 the town council methodically began to put into effect Zwingli's reformation, outlined in his 67 theses. Statues and crucifixes were stripped...
...continue to rise indefinitely.*Some bankers complain that interest payments on deposits are too generous and inflexible, while others, including Federal Reserve Chairman William McChesney Martin, worry that the bankers have taken on too many chancy construction loans. On the other hand, the fact that the bankers have lent out so much reduces the prospect of economic excess. Because the banks have only a small supply of liquid funds, the Federal Reserve now has greater power to tighten up on credit should strong signs of inflation appear...
Khider, one of the nine "historic chiefs" of the National Liberation Front, had shared a prison cell with Ben Bella during the dark days of the Algerian revolution, and lent his considerable political skills to Ben Bella in his rise to power in the F.L.N. Breaking with Ben Bella at the cataclysmic party congress of April 1963, Khider went into intermittent exile, but until this week was reluctant to endorse armed rebellion against the regime. At a Paris press conference held in an abandoned class room on the Rue de Babylone, Khider broke once and for all with Ben Bella...
...maybe most important, he is learning to curb his generosity. Until he smashed the record last month, Hansen's main claim to fame was that he lent John Fennel the pole he used to set the old record of 17 ft. ¾in. From now on, Fennel will have to buy his own. Says Hansen: "You know, he never did give that darned pole back...